HERNDON, VA (February 12, 2015) – My Virtual StrongBox®, a leading secure file and document exchange service and digital safe deposit box solution, is now available to member banks of the Kentucky Bankers Association to provide to their retail and business customers.
The My Virtual StrongBox provides bankers with the ability to deliver a secure service channel for customers to store files online, behind online banking if they wish, and to allow those customers to exchange documents and files securely with whomever they wish, including their bank. The bank may also use the service to exchange and or distribute documents securely with any of its customers using the My Virtual StrongBox service. My Virtual StrongBox is proving to be a popular alternative to secure email and file exchange services.
Ron Daly, President/CEO of Virtual StrongBox, Inc. said “we are excited to partner with the Kentucky Bankers Association to bring our My Virtual StrongBox service to Kentucky bankers. We know they will find our secure service, built for financial service providers, a valuable and unique offering for their customers.”
Selina Parrish, Director of Membership and Vendor Solutions, said “the Kentucky Bankers Association approached Virtual StrongBox regarding their service because of the clear value it can bring to our member banks. And we are pleased to be able to offer access to this service via special pricing to our members.”
My Virtual StrongBox’s Newest Features
My Virtual StrongBox debuted several new features within its version 2 service on stage at FinovateFall 2014, including:
Enterprise File Exchange offers a handy-yet-secure way to exchange sensitive documents between customers and their provider, without relying on email. Customers also can exchange files with trusted third parties as they wish.
Secure Form Transporting lets customers electronically sign online forms, store a copy in their My Virtual StrongBox and deliver the signed document to the enterprise.
The Setup Wizard is an easy-to-use education tool that helps customers learn to use My Virtual StrongBox to best advantage. The wizard makes suggestions on which documents to store, based on unique profiles it creates after customers answer a few simple questions.
Daly notes that significant life events such as births, marriages, mortgages, auto purchases and medical issues generate important papers that should be carefully preserved.
“Whether it’s tax papers, loan documents or a family trust, My Virtual StrongBox keeps all of customers’ critical information in one convenient spot in a way that’s simple, safe and accessible,” he said.
Virtual StrongBox, Inc. has received a patent for a key process for encrypting and transporting data. It is in the process of securing several more. Since its version 1 launch in 2012 My Virtual StrongBox has been deployed by financial service providers with over $28 billion in assets and approximately 1.6 million consumers.
About My Virtual StrongBox
Launched in 2012, My Virtual StrongBox functions as an online safe deposit box for valuable items such as wills, birth certificates, insurance and tax documents, family photographs and other important papers. Users keep these items secure by loading them into protected, online document libraries. One important feature is that the product is an actual depository, not just a temporary storage drop or transfer station. Find out more at VirtualStrongBox.com
About Kentucky Bankers Association
Kentucky Bankers Association is a nonprofit trade association providing legislative, legal, compliance and educational services to its member institutions since 1891. KBA’s directors and staff work together with its members to make the financial services industry a more effective and successful place to work. For more information regarding the KBA, please visit kybanks.com.